Tag: Fed

  • After weekend scandal at the Fed, Congress will look at its own stock trading in the days ahead

    News broke Saturday that former Federal Reserve governor Adriana Kugler violated the central bank’s ethics rules around stock trading, pushing the issue of Washington’s leaders playing the market back up the political agenda. The House Administration Committee has a hearing scheduled for Wednesday morning to formally debate the overlapping issue of banning lawmaker stock trading read more

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    After weekend scandal at the Fed, Congress will look at its own stock trading in the days ahead

  • Fed needs to move slowly with further rate cuts, Jefferson says

    By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Vice Chair Philip Jefferson said on Monday the U.​S. central bank needs to “proceed slowly” ‌with any further interest rate cuts as it eases policy towards a level ‌that would likely stop putting downward pressure on inflation. In remarks prepared for delivery at a Kansas City Fed event, read more

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    Fed needs to move slowly with further rate cuts, Jefferson says